Brokerage Firm (Noun)
Meaning
A stock broker's business; charges a fee to act as intermediary between buyer and seller.
Classification
Nouns denoting groupings of people or objects.
Examples
- The brokerage firm handled millions of dollars in transactions every day, earning a significant commission on each trade.
- As a new investor, she opened an account with a reputable brokerage firm to buy and sell stocks.
- The brokerage firm's research department provided valuable insights to its clients, helping them make informed investment decisions.
- After graduating from college, he landed a job at a prestigious brokerage firm on Wall Street, where he quickly learned the ins and outs of the industry.
- The online brokerage firm offered low fees and easy-to-use trading software, making it a popular choice among individual investors.